Turkish central bank bans cryptocurrencies

Following a huge boom for crypto in Turkey and on the back of rising inflation, the Turkish Central Bank announced last night that it would ban the purchase of goods...

Jianhu Police Bust Online Casino, Seize Over 1.3M Units In EOS and BTC

The Jianhu police successfully cracked China’s first case involving a decentralized digital casino, powered by EOS. The casino named “DAPP Biggame” got raided by the cops who seized over 1.3...

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Fidelity, Coinbase, and Square Form Trade Group To Advocate For Crypto

A group of key crypto companies have formed a new trade group that aims to lobby policy makers and shape the way the industry is regulated.  The companies include Fidelity,...

Bank Of Japan Commences One Year Digital Yen Trial

Last October the Bank of Japan published a CBDC paper that outlined its plans to prepare for a CBDC trial, and earlier last month the Governor of BoJ Haruhiko Kuroda...

Why Coinbase is losing the race to become top dog

With a direct listing on the NASDAQ stock exchange coming very soon in April, Coinbase has a lot to do in order to make up ground on Binance, the number one...

As Crypto Assets Become More Mainstream, Huobi Reaffirms Regulatory Compliance Commitment

Huobi Global, a blockchain asset financial services provider, reaffirmed its commitment to regulatory compliance during the GDF Asia 2021 Conference held online recently. Global Digital Finance Ltd. hosted the conference,...

SEC Commisioner Hester Peirce On Regulating DeFi

U.S. SEC commissioner Hester Peirce has come to the attention of the crypto community once again, commenting on some of the problems with regulating decentralized finance on a recent BIC...

FCA Report Indicates Young People Invest In Crypto Without Understanding Potential Risks

Reuters has reported findings from Britain's Financial Conduct Authority (FCA) that indicate that younger people invest in cryptocurrencies without having a full understanding of potential risks involved. The UK financial...

A digital rupee isn’t good enough – let us keep our crypto

The sentiments of Nandan Nilekani, Infosys co-founder and Aadhaar architect, are that the Indian government should not ban crypto and that the Indian people should be allowed to have it as an asset class. ...

The Howey Test Is Unsuitable For Crypto Regulation Research Paper Argues

Ripple’s University Blockchain Research Initiative (UBRI) has funded the Fintech and Blockchain Collaboratory by Rutgers Center for Corporate Law and Governance led by Professor Guseva. This investigative collaboration has resulted...

Coinbase To Pay $6.5 Million Fine To CFTC Over Old Trading Irregularities

The Commodity Futures Trading Commission (CFTC) has issued an order filing and settling charges against Coinbase, the digital asset exchange operator based in San Francisco, California.  Coinbase has been accused...

SpaceX Engineer Pleads Guilty To Trading Material Information For Bitcoin On The Dark Web

A SpaceX engineer has pleaded guilty to the U.S. Department of Justice on charges of insider trading, following an investigation led by the U.S. Securities and Exchange Commission. The criminal...

LUGH Introduces EUR-L Stablecoin, Backed By Deposits Held By Société Générale

Lugh is the first French startup to launch a new Euro stablecoin that is backed by deposits held by french bank Société Générale. The recent announcement by Lugh describes the...

A Pakistani Province Is Preparing To Pilot Crypto Mining Farms

A Pakistani province is planning to invest in crypto-mining, Reuters reports. This revelation by a government minister will see two new hydro-electric powered mining farms built in the province of...

U.K Advertising Watchdog Bans Bitcoin Advert

The U.K advertising regulator has banned an advertisement by the cryptocurrency exchange Coinfloor aimed at pensioners, on the grounds that it was misleading. Coinfloor is the Uk’s longest running Bitcoin...